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Verified User
here comes the tax increase number one 43.4 Percent on capital gains
here comes the tax increase number one 43.4 Percent on capital gains,thanks Joe
https://news.yahoo.com/biden-reporte...194759637.html
that will really encourage people to invest in stocks and real estate and build a business up so they can sell it and make money
Taft2016 (04-23-2021), Truth Detector (04-23-2021)
Banned
The man is an idiot. "Woke" big business is finding out they backed the wrong candidate for business. Did you here Yellen wants to put an 80% capital gains tax on Cryptocurrency trading?Originally Posted by Bulletbob
Insane Level of Addiction
He's so much more. He's dishonest, a liar and suffering from onset dementia. The person behind the curtain is Kamala, Pelosi and Psaki.
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
Sailor (04-23-2021)
Althea told me...........
You really are an idiot.
That rate would be for cap gains earnings over $1 million.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Verified User
Althea. I have a hunch (just a guess really) that your two friends that you are discussing this with, ... WON'T have to worry about any 'Capital Gains Tax'.
Althea told me...........
Nor will the vast majority of the nation
Once in a while you get shown the light, in the strangest of places if you look at it right.
Jack (04-23-2021)
Racism is a disease
I would gladly pay more taxes to keep Trump out of the White House. Let's call this The Trump Tax.
Yeah, that's a good idea. From this moment forward, this tax will be known as The Trump Tax.
Last edited by Joe Capitalist; 04-22-2021 at 09:08 PM.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Althea (04-23-2021)
Oderint dum metuant
.
Verified User
Your a idiot
Verified User
Really no shit sherlock. You see dumb ass the top earners create tons of jobs by reinvesting money take more from them they have less to spend and invest .daaa your a idiot
Althea told me...........
Idiot. Cap gains are earned via purchase and sale of equities and real estate.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Verified User
yes I know what capitol gains are . and the people who earn big dollars from them are investors who often reinvest the money create jobs etc.
Verified User
Myth, Lafer curve, the last twenty years prove it bogus
Senior Member
JPP Contributor
"Capitol" gains would be when one party gains Congressional seats in an election.
Capital gains are when people sell an asset for more than they paid for it. You clearly don't know how investment works or how jobs are created. Let me give you an example of investors earning big dollars and not a single job was created. In the last couple of months more than $3 billion were earned by investors buying and selling Gamestop. Gamestop did not earn a penny of that money. Gamestop did not create a single job with that $3 billion.
Much of investing doesn't really create jobs. Rather it is holding an asset that creates jobs. If I sell my Microsoft stock and buy Apple I haven't created any jobs. Microsoft and Apple could care less who owns their stock since they are going to conduct their business the same whether you or I or anyone else owns the stock.
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
PostmodernProphet (04-23-2021)
Althea (04-23-2021)
Althea told me...........
No they don't. Those phantom investments would be a tax write off, so you're way off base.
Once in a while you get shown the light, in the strangest of places if you look at it right.
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